Global Ketone Resin Market Expected to Witness a Sustainable Growth over 2023

New report published by Market Research Report Store (MRRS) which offers insights on the global Ketone Resin market.

Ketone resin, also known as polyketone resin, aldehyde-ketone resin or ketone-aldehyde resin, is the condensation of cyclohexanone and formaldehyde containing carbonyl and hydroxyl groups, neutral non-toxic hard resin, its appearance is colorless and light yellow transparent articles, with good solubility, except aliphatic solvent. Ketone resin can dissolve in almost solvent of inks, pigments, paint industry.

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Global Ketone Resin Market: Forecast by Type / Application / Region

First, ketone resin is a kind of resin which can be used for coating & paints, printing ink and adhesive. With the development of economy, not only coating but also printing ink needs more ketone resin. So, ketone resin has huge market potential in the future.

Second, cyclohexanone and formaldehyde are the main raw materials for the production of ketone resin. With the development of ketone resin, raw materials’ manufacturers are also benefited from the ketone resin industry in some extent.

Third, all manufactures in the world are committed to the improvement of product. In recent two years, some Chinese manufactures can almost catch up with the world's leading technology. But they still need to create more types of ketone resins.

Forth, this industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer.

Fifth, the global ketone resin production will increase to 21575 MT in 2015, from 17496 MT in 2010, it is estimated that the global ketone resin demand will develop with an average growth rate of about 3.28% in the coming five years.

Sixth, we tend to believe this industry now is close to mature, and the consumption increasing degree will show a slow decline curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.

Over the next five years, LPI(LP Information) projects that Ketone Resin will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.

Global Ketone Resin Market: Key Players
Evonik
Micro Inks
BASF
Lawter
Uniform Synthetics
D.R.Coats Ink & Resins
Shree Mahadev Intermediates
Macro Polymers
CLEF Industrial
Intech Synthetic Materials
Keyuan Innovative Materials
Dongrun Chemical
Changsha Creature Industry
Jinan Tongfa Resin
HZ New Chemical Material
Haishuo Biology

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Related Information:
United States Ketone Resin Market Research Report 2018
Europe Ketone Resin Market Research Report 2018
North America Ketone Resin Market Research Report 2018
Asia-Pacific Ketone Resin Market Research Report 2018
China Ketone Resin Market Research Report 2018
EMEA Ketone Resin Market Research Report 2018
Global Ketone Resin Market Research Report 2018

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